Ranthy Website: $18 for ASEs ???

"I'll Take $400 for Scam category John"

 

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Interesting thought...you buy silver when it is $18/oz and sell it at $25 when it is $28/oz...you've made money and sold it BELOW spot...hmmm

 

During the big bubble in 2011-2012, I bought quite a bit "below melt". The sellers didn't care, as they were still quintupling (or more) their money from a few years previous.

 

The address means nothing. Some of these scammers use the name or logo of legit dealers in their adds. It could be a real address but, it doesn't it's theirs. Remember if the deal sounds too good to be true it likely isn't a good deal.

 

Site registers to a Moroccan named Oualid Dnaya. Numerous complaints alleging complete fraud, i.e. fakes made in China.

 

I bought from Ranthy and I've had the coins inspected by a well known trusted coin dealer and they ARE legit
There's also a half dozen other " scam alert" sites that also say the company is for real
Phone number is an overseas number but the coins came from New York and they don't respond to emails
I find that weird and was concerned but turns out they are real and I'm buying more

 

I bought from Ranthy and I've had the coins inspected by a well known trusted coin dealer and they ARE legit
There's also a half dozen other " scam alert" sites that also say the company is for real
Phone number is an overseas number but the coins came from New York and they don't respond to emails
I find that weird and was concerned but turns out they are real and I'm buying more

 

I bought from Ranthy and I've had the coins inspected by a well known trusted coin dealer and they ARE legit
There's also a half dozen other " scam alert" sites that also say the company is for real
Phone number is an overseas number but the coins came from New York and they don't respond to emails
I find that weird and was concerned but turns out they are real and I'm buying more

 

WELCOME RUBIO
Post up your results.
XRF scan?
Weight?
Diameter and thickness.
Picture with another known ( verified ) same coin.
I know someone who bought silver eagles online ( not this particular vendor)
from Canada and New York, both were fakes...one even shipped in the white china package.
Some looked pretty good others Bad.
Some stuck to a magnet right away and some didn't munipulate like silver with a strong magnet.
Weight was close.
Other problems include thickness and diameter.

 

I think Rubio -- who joined our esteemed forum at 5:40 AM just this morning -- is off joining another website that has doubts about the site.

 

Or a bot.
I figured I'd extend the olive branch.

 

Welcome to CT. If you can post pictures of what you bought, we would love to see them.

 

,Kentucky, I am still stuck on the spot sell!!! your so clever you
-jeffB lol

 

Go ahead buy more, show pics and the invoice they sent you! Nobody here is gonna believe that some foreign company is gonna sell below spot just because! Why would a company lose money to do business with someone they don't even know, that's just unbelievable!

 

They lose money on every sale, but make it up in volume...

 

I'm not a robot I'm also not going to kowtow to any of you
I shared my experience and if you choose not to believe it that's your prerogative
I figure either you are a group of naysayers who get off on putting people down or you are secretly hoping everyone believes your rhetoric so you can score these coins cheap yourselves
You want weights and thickness and blah blah blah would you also like the guys name phone number and where he went to school
Oh and I'm up at 530 to get ready for work because I don't live in my mom's basement

 

Extraordinary claims require extraordinary evidence.

You're claiming that you can buy ASEs well below spot. That's extraordinary.

 

Some places will let you buy below spot or cost but mostly to get you hooked so they can sell you more expensive marked-up stuff later on.

 

Good for you, basement clarification appreciated! Have at it, buy more, good luck to you!

 

New member + immediately over-the-top, defensive post, complete with broad personal attacks = definite scam.

The only other explanation is you honestly bought some of those for yourself and don't want to entertain the uncomfortable reality that they might (probably) be fakes.

Expect that anyone paying attention to Silver Eagles, which typically have a ~30% mark-up now, will be extremely skeptical when anyone is offering them below spot. Dealers can't even get them wholesale for spot. Skepticism is a completely normal and rational response.

So, please do kowtow to us and post pictures so we can see from our respective moms' basements what you bought. I just might be persuaded to spend my allowance on some if Mom says it's OK.